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shifting by U.S. multinational enterprises affects GDP and, thus, productivity measurement. Profit shifting increased in the …Beginning in 2004, official statistics display a slowdown in U.S. productivity growth. We show how offshore profit … mid- 1990s, resulting in lower measured productivity growth. We construct value added adjusted for profit shifting. The …
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This note identifies profit shifting in response to cross-countrydifferences in corporate tax rates as a source of productivitymismeasurement. To quantify the magnitude of mismeasurement, theprofit-shifting effect is isolated from other possible effects ofcorporatetax rates changes on real...
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Emerging countries are increasingly concerned with improving their competitiveness and productivity. This Element … robust empirical results in total factor productivity (TFP), we mean estimating investment climate (IC) elasticities, or semi …-country firm´s level productivity comparisons, avoiding the usual problem of comparing 'apples with oranges' that would otherwise …
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